Latest Articles
-
Cloud Migration, Salesforce1 Could Help Sustain Salesforce’s Impressive Topline Growth Trajectory
Salesforce.com (NYSE:CRM) reported its fiscal Q2’15 results on August 21. (Fiscal years end with January.) Revenues topped the consensus estimate of $1,288 million, growing 38% to reach $1,319 million. The company also exceed analyst estim...
-
Salesforce Q2’15 Earnings Preview: Revenue Growth And Margin Contraction To Continue
The world’s largest Customer Relationship Management (CRM) Software vendor, Salesforce.com (NYSE:CRM), is scheduled to release its second quarter fiscal 2015 results on August 21, after markets close. Salesforce mainly derives revenues thr...
-
Salesforce Ventures Into Patient Relationship Management With Royal Philips Alliance
In the first week of April 2014, Salesforce.com (NYSE:CRM) announced the launch of its new business strategy to individualize offerings to customers across industry verticals, in a bid to further accelerate top line growth. The ‘New Industr...
-
Microsoft Targets Enterprise Clients With Strategic Salesforce Partnership
Microsoft (NASDAQ:MSFT) and Salesforce.com (NYSE:CRM) have recently entered a strategic partnership to offer Salesforce.com’s Customer RelationshipManagement (CRM) app on Microsoft’s Windows and Azure platform. Furthermore, the companies are p...
-
Salesforce Q1’15 Earnings: Revenue Growth Strategy Continues To Trim Margins
Cloud Customer Relationship Management software leader Salesforce.com (NYSE:CRM) reported Q1’15 results on May 20. Quarterly revenues reached approximately $1.28 billion for the company, with $1.15 billion recognized from its subscription a...
-
Salesforce Pre-Earnings: Expect Top Line Acceleration, Margin Contraction
Salesforce.com (NYSE:CRM) is scheduled to report its Q1FY15 results Tuesday, May 20. The company is the world’s largest pure-play cloud software company, with annual revenues of approximately $4 billion and a market capitalization over $30 ...
-
Salesforce Continues To Target Revenue Growth With “New Industries Strategy”
Cloud customer relationship management (CRM) leader Salesforce (NYSE:CRM) announced a new strategy on April 2 to individualize offerings across industry verticals to accelerate top line growth for the company. Revenues for Salesforce have seen an...
-
Salesforce’s European Data Center Investments Increase Near-term Pressure On Bottom Line
Recently, cloud CRM software company Salesforce.com (NYSE:CRM) announced its plans to expand its operations in the European region. Salesforce plans to open three new data centers in the U.K., France and Germany to lure government customers that...
-
Steep Net Income Decline Despite Tax Benefit Underlies Salesforce’s Lopsided Growth Strategy
Salesforce.com (NYSE:CRM) reported its fourth quarter and full year fiscal 2014 results yesterday, February 27, after the close of markets. (Fiscal years end with January.) Revenues crossed the $4 billion mark for the full year, reaching $4.07 b...
-
Salesforce Pre-Earnings: Focus On Salesforce1 Platform, Operating Margins
Salesforce.com (NYSE:CRM) is expected to announce its fourth quarter and full fiscal 2014 earnings Thursday, February 27, after the close of markets. The company has a market capitalization of approximately $38 billion and is the global leader in...
-
Growing SaaS CRM Solutions Adoption By Large Enterprises To Benefit Salesforce, SAP
Customer Relationship Management (CRM) is a model for managing and interactions with existing and future customers of a company. CRM software provides companies with a platform to organize, automate, and synchronize sales, marketing, customer ser...
-
Bearish Stance Despite Price Revision For Salesforce
We recently revised our price estimate for Salesforce.com (NYSE:CRM) to $50. Although our revision has created a 48% upside over our previous estimate of $34, we continue to be bearish on the long term sustainability of Salesforce’s succes...
-
Salesforce’s $50 Price Revision: Revenue Estimates Raised, Operating Loss Expected For CY2013
We have recently revised our price estimate for Salesforce.com (NYSE:CRM) from $33 to $50, indicating a 50% increase. In the current note, we highlight the recent changes made to our Salesforce analysis and their corresponding effects on our pric...
-
Salesforce Steps Up To Intensifying Cloud Market Competition With New Mobile Platform, HP Partnership
Global cloud CRM leader Salesforce.com (NYSE:CRM) reported Q3FY14 results on November 18. Quarterly revenues were $1.08 billion and exceeded the $1 billion mark for the first time. The top line grew 36% on a year-over-year basis, beating indust...
-
Salesforce Q3 Earnings Preview: Double Digit Revenue Growth And Margin Downtick To Continue
Salesforce.com (NYSE:CRM) is expected to announce its Q3 fiscal 2014 earnings on November 18. Salesforce Business Overview Salesforce provides various Software-as-a-Service (SaaS) offerings specializing in the Customer Relationship Management...
